KRS 386.100: Application of payments made to a fiduciary -- Section not applicable to

trustees.

(1) Any person who in good faith pays or transfers to a fiduciary any money or other

property which the fiduciary as such is authorized to receive shall not be responsible

for the proper application thereof by the fiduciary, and any right or title acquired

from the fiduciary in consideration of the payment or transfer shall not be invalid

because of a misapplication by the fiduciary.

(2) This section shall not apply to trustees.